The report segments this market on the basis of types of milk powder,
mainly whole milk powder (WMP) and skim milk powder (SMP). Region-wise,
the European Union represented the biggest producer of milk powder in
2016. In terms of consumption, China represented the world’s biggest
consumer of milk powder, accounting for nearly 32% of the global
consumption.

Since milk is a highly perishable commodity and requires high
maintenance and transportation costs, converting milk into milk powder
seems like a more feasible option these days. Thus, ever since its
discovery, milk powder manufacturing has slowly advanced to large-scale
industrial manufacturing. Powdered milk offers many advantages over
fluid milk. It has an extended shelf life and thus can be stored for
extended periods of time without any substantial loss of quality.

The easy transportation and low distribution costs make powdered milk
accessible in regions where the penetration of milk is negligible.
Although the milk powder market is experiencing a moderate growth due to
a growing awareness about UHT milk, strong growth in emerging markets
and stable growth in end-user industries is expected to drive its demand
in the next five years.

This report provides a techno-commercial roadmap for setting up a milk
powder processing plant.